REGISTERED NUMBER: 09897770 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HOLMEWELL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M D Rand

SECRETARY:

S Rand

REGISTERED OFFICE:

54 St. Kilda's Road

London

N16 5BX

REGISTERED NUMBER:

09897770 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

5

1,603,533

1,603,533

CURRENT ASSETS

Debtors

6

147,770

92,770

Cash at bank

33,922

22,186

181,692

114,956

CREDITORS

Amounts falling due within one year

7

(463,086

)

(450,989

)

NET CURRENT LIABILITIES

(281,394

)

(336,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,322,139

1,267,500

CREDITORS

Amounts falling due after more than one year

8

(1,135,165

)

(1,135,165

)

NET ASSETS

186,974

132,335

CAPITAL AND RESERVES

Called up share capital

10

3

3

Retained earnings

11

186,971

132,332

SHAREHOLDERS' FUNDS

186,974

132,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

M D Rand - Director

1.	STATUTORY INFORMATION

Holmewell Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,603,533

NET BOOK VALUE

At 31 December 2024

1,603,533

At 31 December 2023

1,603,533

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

147,770

92,770

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

11,977

-

Other creditors

451,109

450,989

463,086

450,989

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 9)

1,135,165

1,135,165

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,135,165

1,135,165

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,135,165

1,135,165

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

3

Ordinary

£1

3

3

11.

RESERVES

Retained

earnings

£

At 1 January 2024

132,332

Profit for the year

54,639

At 31 December 2024

186,971

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M D Rand.